JP Morgan Maintains Underweight on Dollar Gen, Raises Price Target to $108
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Matthew Boss has maintained an Underweight rating on Dollar General (NYSE:DG) but increased the price target from $107 to $108.
December 08, 2023 | 6:55 pm
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NEUTRAL IMPACT
Dollar General's stock maintains an Underweight rating by JP Morgan, with a marginal increase in the price target from $107 to $108.
The increase in price target by JP Morgan is marginal, suggesting only a slight improvement in the valuation outlook for Dollar General. The Underweight rating indicates that the analyst still has concerns about the stock's performance. The impact on the stock price is likely to be neutral in the short term as the rating didn't change and the price target adjustment is minimal.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80